NB Direct Access Fund LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Mar 2, 2021, it has sold $198,434,343 of interests to 46 investors since its first sale in Dec 2019. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Kupperman; Fred Ingham; Jeffrey Majit.
- Total raised
- $198,434,343Cumulative sales reported on Form D
- Investors
- 46
- First sale
- Dec 23, 2019
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Kupperman; Fred Ingham; Jeffrey Majit
- Latest Form D
- Mar 2, 2021
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about NB Direct Access Fund LP
What is the minimum investment for NB Direct Access Fund LP?
NB Direct Access Fund LP's latest Form D, filed Mar 2, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NB Direct Access Fund LP?
NB Direct Access Fund LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has NB Direct Access Fund LP raised?
NB Direct Access Fund LP reports $198,434,343 sold from 46 investors on its Form D filed Mar 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is NB Direct Access Fund LP based?
NB Direct Access Fund LP is based in New York, New York.
When did NB Direct Access Fund LP launch?
NB Direct Access Fund LP reports its first sale in Dec 2019.
Size compared with every private equity fund
Raised more than 83% of the 3,662 private equity funds based in New York, and more than 80% of all 8,896 that report sales.